Denmark: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Denmark

In 2022, the Danish phosphinates and phosphonates market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a perceptible slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Phosphinates And Phosphonates Production in Denmark

In value terms, phosphinates and phosphonates production reduced to $X in 2022 estimated in export price. Overall, production recorded a mild shrinkage. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Phosphinates And Phosphonates Exports

Exports from Denmark

In 2022, approx. X tons of phosphinates (hypophosphites) and phosphonates (phosphites) were exported from Denmark; declining by X% compared with the previous year. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, phosphinates and phosphonates exports dropped significantly to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for phosphinates and phosphonates exports from Denmark, with a X% share of total exports. Moreover, phosphinates and phosphonates exports to India exceeded the volume sent to the second major destination, Belgium (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, the largest markets for phosphinates and phosphonates exported from Denmark were India ($X), Belgium ($X) and Germany ($X), with a combined X% share of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average phosphinates and phosphonates export price stood at $X per ton in 2022, approximately mirroring the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphinates And Phosphonates Imports

Imports into Denmark

In 2022, purchases abroad of phosphinates (hypophosphites) and phosphonates (phosphites) was finally on the rise to reach X tons after two years of decline. In general, imports, however, recorded a deep slump. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, phosphinates and phosphonates imports surged to $X in 2022. Over the period under review, imports, however, recorded a noticeable downturn. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and China (X tons) were the main suppliers of phosphinates and phosphonates imports to Denmark, together comprising X% of total imports. Italy lagged somewhat behind, accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest phosphinates and phosphonates suppliers to Denmark were Germany ($X), Belgium ($X) and China ($X), together accounting for X% of total imports. These countries were followed by Italy, which accounted for a further X%.

Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average phosphinates and phosphonates import price amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Italy ($X per ton), while the price for Belgium ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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